I own 2 cheapies right now (Squier Jag and Ibanez GSR200) and both are solid. For the price I paid used for both I could get a new GSR. I am extremely happy and would take them both anywhere. I wouldnt compare them to high priced finer quality instruments, but they serve my needs on a budget. Get alot of compliments on the Squier for its look and feel from other musician friends.

Yamaha and Ibanez offer a wide range of possibilities (in terms of look, feel, sound, versatility) at any price, and they keep some resale value.
I like Squier CV (I own two), but they may not be the right choice for a modern sound. I usually suggest Yamaha or Ibanez to starters.

I've played and been impressed with numerous Squier instruments over the last few years. Squier, IMO, is light years beyond the abysmal reputation they had 10+ years ago. For the price, Squier's are generally outstanding.

That said, I've also played a few Squier dogs. I still wouldn't buy a Squier sight unseen. But by and large, the good outweigh the bad by quite a lot.

The SBMM SUB series needs representation, in this poll. I've had good experiences with some of the more recent Squiers, but the SBMM SUB Ray4 is quite an eye-opener, and blows them off the map. Let's not forget the Peavey Millenium BXP line, either.